BANKRUPT’S ACTION
CREDITORS CRITICAL. (By Telegraph—Press Association). AUCKLAND, June 25. “Never before lias a bankrupt been treated with such a degree of tenderness and consideration,” declared counsel for one creditor of Winifred Baker (single), a clerk, adjudicated bankrupt bv Mr. Justice Herdman. When the creditors’ meeting Avas- resumed to-day strong exception was taken to the assignee’s ruling that a further inquiry would be necessary.
There was a sharp dispute over the ndmissnbility of proofs o,f debt. For the assignee is was stated that it ivas his duty to> satisfy himself as to claims -which followed on bankrupt’s money borrowing and lending transactions.
Eventually the meeting adjourned without progress.
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Bibliographic details
Hawera Star, Volume L, 25 June 1930, Page 7
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108BANKRUPT’S ACTION Hawera Star, Volume L, 25 June 1930, Page 7
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